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The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 24,209.50. On Wednesday, Indian equity benchmarks registered their longest losing streak in 11 months.
Asian stock markets traded higher on Thursday, tracking a rebound on Wall Street as a retreat in US Treasury yields helped improve risk appetite. South Korea's Kospi led the gains, rising 4.41%, while Japan's Nikkei 225 advanced 1.21% and Australia's ASX 200 gained 0.29%.
The positive regional cues followed a recovery in US equities. The S&P 500 ended a three-session losing run on Wednesday as longer-dated Treasury yields retreated from multi-year highs after the US government announced measures aimed at easing stress in the bond market.
US equity futures were also slightly higher in early Asian trading. S&P 500 futures gained about 0.1%, Nasdaq-100 futures advanced 0.3% and Dow Jones Industrial Average futures added 19 points, or 0.04%.
Despite the improvement in equities, elevated crude prices and geopolitical tensions remained potential headwinds for markets. Crude was trading around $91.2 a barrel as investors continued to assess developments following the expiry of the 60-day deadline without a resolution.
Siddhartha Khemka, Head of Research, Wealth Management at Motilal Oswal Financial Services, said the Nifty could remain under pressure because of weak global cues, elevated crude prices and persistent geopolitical uncertainty.
Khemka also flagged higher long-term bond yields in the US, Germany and Japan as a concern for emerging-market equities, as higher returns in developed-market debt could make those assets relatively more attractive.
Back home, the Nifty 50 had extended its decline to a seventh consecutive session on Wednesday, falling 0.3%. The Nifty Midcap 100 declined 0.2%, while the Nifty Smallcap 100 lost 0.5%.
Bitcoin was another major mover in global markets. The cryptocurrency extended its rally on Wednesday night, climbing about 7% to move above the $69,000 mark.
Stock Market Live: Gabriel India Approves Rs 1,881 Crore Preferential Issue
Gabriel India's shareholders have approved a large preferential issue alongside the proposed acquisition of a stake in HL Mando Anand India.
• 1,44,04,204 equity shares to be issued to Asia Investments Private Limited at Rs 1,305.89 per share.
• Issue size aggregates to Rs 1,881.03 crore.
• Shareholders also approved acquisition of HL Mando Anand India stake from Asia Investments through a material related-party transaction.
Stock Market Live: HEG Gets NCLT Approval For Demerger Scheme
HEG has received NCLT approval for a demerger involving its graphite and energy businesses, with shareholders set to receive shares in the new structure.
• Demerger scheme approved for HEG Graphite Limited and Bhilwara Energy Limited.
• Shareholders to receive shares in a 1:1 ratio.
Stock Market Live: HDFC Life Gets IRDAI Nod For CEO, CFO Reappointments
HDFC Life has received regulatory approval for the continued appointment of its managing director and chief financial officer.
• IRDAI approved reappointment of Vibha Padalkar as MD & CEO for five years.
• Niraj Shah approved as CFO for five years.
Stock Market Live: Cipla Gets NCLT Nod For Inzpera Amalgamation
Cipla has received regulatory approval for the merger of its wholly owned subsidiary Inzpera Healthsciences with the company.
• NCLT approved the Scheme of Amalgamation of Inzpera Healthsciences with Cipla.
Stock Market Live: Hyundai Motor India To Hike Prices Up To 1%
Hyundai Motor India will raise vehicle prices across its portfolio from September, with the company citing higher input and commodity costs.
• Price increase of up to 1%.
• New prices effective from September 2026.
Stock Market Live: CP Plus Gets Nod To Raise Up To Rs 1,500 Crore
Aditya Infotech's CP Plus business has received approval to raise funds through an equity issue, putting the proposed capital raise in focus.
• Approved raising up to Rs 1,500 crore through equity shares.
• Fund raise can be undertaken through a public issue and/or QIP.
Stock Market Live: RBI Rate-Hike Bets Strengthen After Hawkish Minutes
Brokerage views on the RBI minutes point to a possible shift towards tighter policy, with both Goldman Sachs and BofA expecting 50 basis points of hikes in FY27.
Goldman Sachs
• Expects 50 bps of cumulative policy rate hikes, with 25 bps each in December 2026 and February 2027.
• Says members acknowledged that food and fuel inflation could trigger second-round effects.
• Core-goods inflation pressure appears to be firming, while pass-through to core services remains limited.
BofA
• Says the RBI delivered a dovish hold but minutes indicated caution.
• Expects 50 bps of hikes in FY27.
• Says the real rate could turn negative from Q3FY27 through Q1FY28 based on revised inflation projections.
Stock Market Live: Motilal Oswal’s Khemka Expects Nifty To Remain Under Pressure
Siddhartha Khemka of Motilal Oswal Financial Services said weak global cues, crude prices near $91.20 a barrel, geopolitical tensions and higher global bond yields could keep the Nifty under pressure.
He said IT stocks gained on value buying, while government incentives supported city gas distributors. Higher crude costs weighed on refiners, while sugar stocks gained as domestic and global prices rose.
Stock Market Live: Crude Trades Near $91 As Geopolitical Tensions Persist
Crude traded around $91.20 a barrel as investors assessed geopolitical developments after the 60-day deadline expired without a resolution. Higher crude prices remained a concern for equity markets.
Stock Market Live: US Equity Futures Edge Higher In Asian Trade
S&P 500 futures rose 0.1%, while Nasdaq-100 futures gained 0.3%. Dow Jones Industrial Average futures added 19 points, or 0.04%.
Stock Market Live: S&P 500 Ends Three-Session Losing Run
The S&P 500 closed higher on Wednesday as longer-dated US Treasury yields retreated from multi-year highs. The decline followed US government measures aimed at easing pressure in the bond market.
Stock Market Live: Asian Markets Rise As US Treasury Yields Retreat
South Korea’s Kospi rose 4.41%, Japan’s Nikkei 225 gained 1.21% and Australia’s ASX 200 advanced 0.29%. Asian markets followed a rebound on Wall Street as US Treasury yields declined.
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